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Centurion expects 1HFY2022 earnings to be at least 250% over 1HFY2021

The Edge Singapore
The Edge Singapore8/1/2022 09:29 PM GMT+08  • 1 min read
Centurion expects 1HFY2022 earnings to be at least 250% over 1HFY2021
Centurion Corp operates dormitories such as this at Jalan Papan / Photo by Albert Chua of The Edge Singapore
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Centurion Corp expects to report 1HFY2022 earnings of at least 250% higher than the $8.7 million reported for 1HFY2021.

The operator of student and workers’ dormitories explains this is because of a fair value gain it plans to make for the half year ended June 30.

In contrast, Centurion reported a fair value loss of $14.5 million recorded for 1HFY2021.

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